A novel asymmetric tapered-line power divider is presented. It has several strip resistors which are formed like a ladder between the tapered-line conductors to achieve a good output isolation. The equivalent circuits are derived with the even/odd-mode analysis. These equivalent circuits are employed to design the asymmetric power divider. The fabricated asymmetric power divider with 1:2 power dividing ratio shows broadband performances in return loss and isolation which are greater than 19 dB over a 3:1 bandwidth in the C-Ku bands.